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China's money supply growth rate and the newly issued yuan-denominated loans both increased in November to support economic growth, although the monetary authority reiterated that risk prevention should be the policy priority.
China's leading payments company Ant Financial Services has agreed to buy UK-based payments company WorldFirst to boost its global expansion ambitions in cross-border payments, according to announcements made on Thursday.

China's currency formation mechanism and the entire financial sector can achieve coordinated development only when capital account items are basically convertible and the financial sector opens in both ways, he said.
China's domestic consumption is in transition with the growing purchasing power of consumers. [Photo/VCG]
China's first high-speed railway project in Indonesia will push Southeast Asian countries to adopt Chinese standards in building the best quality rail networks, according to Zhou Zhiliang, chairman of China Railway Signal and Communication Co, on Wednesday.
来源:资阳报